Image of CHAN
CHANmemechan
$0.0001020
-3.94%
1D

memechan Analysis

Investment Score
A quick view into memechan's investment prospects.
5.3

The chart is mixed right now, so patience is justified unless a better entry appears.

What is helping
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Sideways Quiet
Confidence: 44%
Why this state?
  • CHAN is below SMA50
  • SMA50 is above SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Sideways Quiet regime, the best-fit approach is Range trading / mean reversion. The market is balanced and relatively calm, which tends to reward mean-reversion behavior and range trading more than breakout chasing.

Trend
Sideways
CHAN is caught between bullish and bearish trend signals.
Momentum
Neutral
RSI is 38.66, which is neither overbought nor oversold.
Volatility
Quiet
CHAN ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0001106 - $0.0001153
Active zone
$0.0001006 - $0.0001091
Support zone
$0.00009520 - $0.00009939
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

memechan support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.00009520 - $0.00009939
Resistance zone
$0.0001106 - $0.0001153
Active zone
$0.0001006 - $0.0001091
Levels Table
LevelZoneStrength
Support 1$0.00009520 - $0.00009939
Support 2$0.00009247 - $0.00009485
Support 3$0.00008611 - $0.00008850
Support 4$0.00008126 - $0.00008365
Resistance 1$0.0001106 - $0.0001153
Resistance 2$0.0001165 - $0.0001184
Resistance 3$0.0001201 - $0.0001225
Active 1$0.0001006 - $0.0001091
Scenario Analysis
Bullish scenario

CHAN clears the resistance zone at $0.0001106 - $0.0001153 and holds above it. That would strengthen the breakout case and shift attention to $0.0001165 - $0.0001184.

Bearish scenario

CHAN loses the support zone at $0.00009520 - $0.00009939. That would weaken the setup and open the way toward $0.00009247 - $0.00009485.

Neutral scenario

CHAN continues trading between $0.00009939 and $0.0001106. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.0001118
Bearish
CHAN is trading below the 50-day average.
SMA200
$0.00008879
Bullish
CHAN remains above the long-term trend line.
EMA50
$0.0001086
Bearish
CHAN is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0001070
Bearish
CHAN is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
38.66
Neutral
RSI (14) is at 38.66, which keeps momentum in a balanced range.
Stoch RSI (14)
58.60
Neutral
Stoch RSI (14) is at 58.60, which suggests momentum is active but not yet extreme.
MACD
-0.000002183
Bearish
MACD is below its signal line.
ATR
2.25%
Quiet
Volatility is below its 180-day median.
VWMA
$0.0001091
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-68.37
Neutral
CCI (20) is at -68.37, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.000008564
Bearish
Awesome Oscillator is below zero at $-0.000008564, which supports bearish momentum.
Williams Percent Range (14)
-87.92
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -87.92.
Bull Bear Power (13)
$-0.000002346
Bearish
Bull Bear Power (13) is negative at $-0.000002346, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
42.19
Neutral
Ultimate Oscillator is at 42.19, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0001054
Bullish
CHAN is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0001129
Bearish
CHAN is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to memechan

Over the past 7 days, memechan price was most positively correlated with the price of Sun Token (SUN), Filecoin (FIL), Immutable X (IMX), Sei (SEI) and StarkNet (STRK) and most negatively correlated with the price of JUST (JST), Dash (DASH), Venice Token (VVV), Pepe Coin (PEPE) and Convex Finance (CVX).

Positively Correlated Currencies
NameCorrelation
Image of Sun TokenSun Token0.721
Image of FilecoinFilecoin0.720
Image of Immutable XImmutable X0.717
Image of SeiSei0.705
Image of StarkNetStarkNet0.701
Negatively Correlated Currencies
NameCorrelation
Image of JUSTJUST-0.587
Image of DashDash-0.423
Image of Venice TokenVenice Token-0.394
Image of Pepe CoinPepe Coin-0.388
Image of Convex FinanceConvex Finance-0.351

memechan price is positively correlated with the top 10 coins by market cap with a price of 0.373, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.261. Currencies that are positively correlated with memechan indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with memechan, a move in one direction for memechan would translate into a move in the opposite direction for the negatively correlated coin.

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